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 [WTA] Capital Asia Group, have any heard of this company?

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prncess
post Jun 7 2014, 08:14 PM

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Hi

Im a purchaser of this crude oil program since the day Capital Asia Group launched the project in 2012.
I was told by a friend that there is a forum talking about this program.
So just drop by and have a look.

After reading all the comments, I think all of you have gave good opinions. However personal opinion does not represent the true facts you see!!

I got total of 6 payouts since Jan, Apr, July, Oct 2013. And Jan & April 2014. My next payout is on next month.
So far all the payouts are paid earlier than the mentioned date in the contract.

Before I buy I also did due diligence in it.


prncess
post Jun 8 2014, 12:50 PM

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QUOTE(tan1346 @ Jun 8 2014, 07:29 AM)
A tip for you before investing: Please try to understand how the structure/flow of the money works before investing in this.
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Agree with you!

I understand the underlying business structure first.
If the crude oil business itself doesn't make at least 120%, how can they pay 12% to the buyer + X amount of agent fee?
Same thing like wise to Fix deposit, if the bank doesn't make between 20-30%, how can they promise a fix 3% pa rate + fund manager fee + salary + utilities?

Can check what is the cost of production per barrel of crude oil in canada vs what is the price per barrel for crude. You'll understand why Petronas is so rich.

This post has been edited by prncess: Jun 8 2014, 12:51 PM
prncess
post Jul 2 2014, 09:08 AM

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QUOTE(hottoys2u @ Jun 9 2014, 06:09 PM)
you guys know what is PERFECT SCAM? please bear in mind, those people who created such PERFECT SCAM usually smarter and richer than us. I believe that most of here are not richer than the owner. they can provide you thousand of proof to prove you that they are legal. Normally people like us just discuss here in forum can't really figure out a conclusion to identify it is really a scam or not. Sometimes such scam can even involve celebrities, politicians, branded companies. at one point, your friends, your relatives and even you family get involved. you are forced to believe that is no issue. and finally you also start invest your hard earn money.

we heard many times about such story but a new way of scam still keep coming out because they know people are greedy.

I won't say this Crude Oil stuff is a scam now. Recently I just met with one of the agent, and he showed me the S&P and many pages of the contract. I just can't figure out all these documents are genuine cause everything seems out of my knowledge. so i decide to do some research and found this thread.

my conclusion is, if i don't understand the whole thing i better don't take any risk even they offer very attractive returns.

if such good thing is really working, i don't mind to wait for another few years to observe. because I can still get my 4 to 5 % returns with the thing i know now.

You guys know right, such high return thing will always exist. now is crude oil perhaps next time is diamond. as long as you have money, plenty of good chance is waiting for you. like some forumers here said. just invest the thing you really know about it, no free lunch in this world.

I keep myself open and observe this crude oil stuff
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prncess
post Nov 7 2015, 04:17 PM

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To the people commenting on this forum. Kindly be aware of the "words" that you use to comment.

I was recently found out that, one of the blogger from Singapore being sued by Capital Asia Group Pte Ltd for Defamatory.
Compensation SGD 250 per month for 20 years and an apology letter in the blog.

The blogger is a trader himself, together with a group of friends trying to snatch investors and create a blog to comment on other people's products.

Well, perhaps can look for this blogger why he lost the lawsuit.

prncess
post Nov 8 2015, 08:00 PM

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Provide the snap shot for apology post dated October last year.

I believe the blog has no longer available.Attached Image Attached Image
prncess
post Nov 9 2015, 10:47 PM

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The blogger has withdrawn the website.

Well, anyone are free to talk about anything.

BNM knew where they stand, BNM has never mentioned a word like "scam", "fraudulent", etc...
BNM definitely has their public relations or lawyers to vet through what should or shouldn't be written and shown in the website.

Just make sure all of you here do not get into trouble.

 

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